LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 28, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1425 by Perry (Relating to the continuation of the distribution of universal service funds to certain small and rural incumbent local exchange companies.), As Introduced No significant fiscal implication to the State is anticipated. Based on the analysis of the Public Utility Commission of Texas, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SZ, JBel LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 28, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1425 by Perry (Relating to the continuation of the distribution of universal service funds to certain small and rural incumbent local exchange companies.), As Introduced TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1425 by Perry (Relating to the continuation of the distribution of universal service funds to certain small and rural incumbent local exchange companies.), As Introduced Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1425 by Perry (Relating to the continuation of the distribution of universal service funds to certain small and rural incumbent local exchange companies.), As Introduced SB1425 by Perry (Relating to the continuation of the distribution of universal service funds to certain small and rural incumbent local exchange companies.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. Based on the analysis of the Public Utility Commission of Texas, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: b > td > JMc, SZ, JBel JMc, SZ, JBel